China drops GDP goal, vows spending as virus overshadows parliament

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BEIJING (Reuters) - China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world's second-biggest economy, setting a sombre tone to this year's meeting of parliament in Beijing.The omission from Premier Li Keqiang's work report marks the first time China has not set a target for gross domestic product (GDP)..